Brazil must immediately end threats to independence and capacity of law enforcement to fight corruption

This article is brought to you in association with OECD. The OECD Working Group on Bribery urges Brazil, one of the founding Parties to the Anti-Bribery Convention since 1997, to preserve the full capacity and independence of law enforcement authorities to investigate and prosecute foreign bribery and corruption. Despite being recognised by the Working Group for […]

New OECD work to support citizen engagement with governments

This article is brought to you in association with OECD. OECD Observatory of Civic Space will measure access, recommend steps to safeguard public role in policy The OECD unveiled at the Paris Peace Forum today a new Observatory of Civic Space, an initiative to support countries in promoting and protecting an environment that enables citizens and […]

Austria: reforms will be necessary to uphold high well-being levels

‌ This article is brought to you in association with OECD. Austria stands out for its high levels of economic and social well-being. Preserving these will require reforms to improve competition in the service sector, increase access to risk capital for firms of all sizes, encourage more women and migrants into the workforce and lengthen work […]

From G7 announcement in August to Paris Peace Forum, Business for Inclusive Growth (B4IG) coalition gains momentum

This article is brought to you in association with OECD. An ambitious initiative against inequality sponsored by French President Emmanuel Macron Powered by the OECD, spearheaded by Danone, and driven forward at the G7 Leaders’ Summit in Biarritz in August 2019, B4IG is a coalition of leading multinational enterprises committed to tackling inequalities and promoting inclusive […]

Health spending set to outpace GDP growth to 2030

This article is brought to you in association with OECD. Health expenditure will outpace GDP growth over the next 15 years in almost every OECD country, according to new OECD forecasts. Health spending per capita will grow at an average annual rate of 2.7% across the OECD and will reach 10.2% of GDP by 2030, up […]

Health spending set to outpace GDP growth to 2030

This article is brought to you in association with OECD. Health expenditure will outpace GDP growth over the next 15 years in almost every OECD country, according to new OECD forecasts. Health spending per capita will grow at an average annual rate of 2.7% across the OECD and will reach 10.2% of GDP by 2030, up […]

Switzerland: prepare for population ageing to maintain high living standards

This article is brought to you in association with OECD. Switzerland enjoys some of the highest per-capita GDP and living standards of OECD countries. Taking action now to prepare for a fast-ageing population will be key for the prosperity and well-being of future generations, according to a new OECD report. The latest OECD Economic Survey of […]

Colombia is a Latin American success story, but must pursue new reforms to achieve stronger and more inclusive growth

      Colombia’s economy is resilient and appears well equipped to navigate a challenging external environment dominated by protectionism and uncertainty, but it must pursue new reforms to make growth stronger and more inclusive, according to a new report from the OECD. The latest OECD Economic Survey of Colombia discusses how boosting productivity through […]

Training for staff in early childhood education and care must promote practices that foster children’s learning, development and well-being

This article is brought to you in association with OECD. Countries need to ensure that the early childhood education and care (ECEC) workforce is prepared for the demands of working with young children in order to give a strong start to all children. Based on the OECD’s Starting Strong Teaching and Learning International Survey (TALIS Starting […]

OECD and European Commission join forces to further support structural reforms in European countries

This article is brought to you in association with OECD. The OECD and the European Commission’s Structural Reform Support Service (SRSS) sealed a new agreement today in Paris that will see the OECD provide wide-ranging policy support to advance structural reforms in European countries. OECD Chief of Staff, Gabriela Ramos, and Director General of the SRSS, […]

Reforms in Latvia must result in stronger enforcement to tackle foreign bribery and subsequent money laundering risks

This article is brought to you in association with the European Commission. Latvia has continued to improve its framework against bribery of foreign public officials and subsequent money laundering but the reforms need to translate into further effective enforcement, according to a new report by the OECD Working Group on Bribery. According to the Working Group, […]

OECD leading multilateral efforts to address tax challenges from digitalisation of the economy

This article is brought to you in association with OECD. Today the OECD Secretariat published a proposal to advance international negotiations to ensure large and highly profitable Multinational Enterprises, including digital companies, pay tax wherever they have significant consumer-facing activities and generate their profits. The new OECD proposal brings together common elements of three competing proposals from […]

Tackling obesity would boost economic and social well-being

This article is brought to you in association with OECD. Obesity-related diseases will claim more than 90 million lives in OECD countries in the next 30 years, with life expectancy reduced by nearly 3 years. Obesity and its related conditions also reduce GDP by 3.3% in OECD countries and exact a heavy toll on personal budgets, […]

OECD’s Gurría calls for overhaul of economic thinking to address global challenges

This article is brought to you in association with OECD. The challenges we face in our era of rapid, disruptive change are daunting, but we are starting to develop the tools, techniques and concepts to meet them, OECD Secretary-General Angel Gurría said. Speaking at a NAEC conference on Averting Systemic Collapse, he said: “Our economic systems […]

Four years on and half a billion dollars later – Tax Inspectors Without Borders

This article is brought to you in association with OECD. The international community has made important progress in improving developing countries’ ability to tax multinational enterprises and boost domestic revenue mobilisation. A leading element of international co-operation efforts is the Tax Inspectors Without Borders (TIWB) initiative – a joint OECD/UNDP programme launched in July 2015 to […]

Countries must invest at least 1% more of GDP on primary healthcare to eliminate glaring coverage gaps

This article is brought to you in association with OECD. Countries must increase spending on primary healthcare by at least 1% of their gross domestic product (GDP) if the world is to close glaring coverage gaps and meet health targets agreed in 2015, says a new report from the World Health Organization and partners on the […]

OECD sees rising trade tensions and policy uncertainty further weakening global growth

This article is brought to you in association with OECD. The global economy has become increasingly fragile and uncertain, with growth slowing and downside risks continuing to mount, according to the OECD’s latest Interim Economic Outlook. Economic prospects are weakening for both advanced and emerging economies, and global growth could get stuck at persistently low levels […]

Humanitarian migration falls while labour and family migration rises

This article is brought to you in association with OECD. Migration flows to OECD countries rose slightly in 2018, with around 5.3 million new, permanent migrants, a 2% increase over 2017. Family and labour migration increased, while the number of asylum applications fell sharply, according to a new OECD report. The OECD International Migration Outlook 2019 […]

Climate finance for developing countries reached USD 71 billion in 2017

This article is brought to you in association with OECD. Climate finance provided and mobilised by developed countries for climate action in developing countries reached USD 71.2 billion in 2017, up from USD 58.6 billion in 2016, according to new estimates from the OECD. While the 2016 and 2017 totals cannot be directly compared with earlier […]

Iceland’s slowdown underlines the need to fix structural issues

This article is brought to you in association with OECD. Sound macroeconomic policies and favourable external conditions have enabled Iceland’s economy to emerge stronger from a decade of post-crisis management. Yet the impact on growth from a drop in tourist arrivals and seafood exports underlines the need for reforms to open up and diversify the economy […]

More efforts needed to boost trust in business and finance

This article is brought to you in association with OECD. Policy makers should step up their efforts to bolster public trust in finance to reduce the risks of contagion if economic growth and financial returns continue to fall, according to a new OECD report. The 2008 global financial crisis marked a turning point in the way […]

Governments must take further action to boost job opportunities at an older age

This article is brought to you in association with OECD. In the face of rapid population ageing, governments must promote more and better job opportunities at an older age to protect living standards and the sustainability of public finances, according to a new OECD report. Working Better with Age projects that, based on current retirement patterns, […]

Top global firms commit to tackling inequality by joining Business for Inclusive Growth coalition

This article is brought to you in association with OECD. A group of major international companies has pledged to tackle inequality and promote diversity in their workplaces and supply chains as part of an initiative sponsored by the French Presidency of the G7 and overseen by the OECD. The Business for Inclusive Growth (B4IG) coalition will […]

Canada has the most comprehensive and elaborate migration system, but some challenges remain

This article is brought to you in association with OECD. Canada has the largest and most comprehensive and elaborate skilled labour migration system in the OECD, according to a new OECD report. Recruiting Immigrant Workers: Canada 2019 finds that Canada admits the largest number of skilled labour migrants in the OECD. Additionally, Canada also has the […]

Hungary must enforce its foreign bribery offence against companies, including foreign subsidiaries

This article is brought to you in association with OECD. The Working Group is concerned that Hungary has not commenced any foreign bribery investigations or prosecutions in over nine years since the Phase 3 evaluation of implementation of the OECD Anti-Bribery Convention. However, the companies operating in the country have significant exposure to export-related risks of […]

Malaysia has achieved high levels of growth, but must do more to address governance and social challenges

This article is brought to you in association with OECD. Malaysia’s economic performance has been very successful, but public policy can do more to address social and governance challenges while making growth stronger, greener and more inclusive, according to a new report from the OECD. The latest OECD Economic Survey of Malaysia discusses how boosting productivity and implementing […]

Donor countries set international standard for preventing sexual exploitation, abuse, and harassment in development sector

This article is brought to you in association with OECD. Members of the OECD’s Development Assistance Committee (DAC) – 29 donor countries and the EU – agreed on a comprehensive set of recommendations aimed at preventing sexual exploitation, abuse and harassment in the aid sector. The DAC Recommendation on Ending Sexual Exploitation, Abuse and Harassment in […]

Luxembourg has achieved high levels of growth and well-being but must do more to preserve and share prosperity

This article is brought to you in association with OECD. Luxembourg’s economy has grown at a robust pace and has enviable levels of well-being, but public policy can do more to make growth sustainable and inclusive, according to a new report from the OECD. The latest OECD Economic Survey of Luxembourg discusses the challenges of making housing more […]

Japan must urgently address long-standing concerns over foreign bribery enforcement

This article is brought to you in association with OECD. Japan must step up enforcement of its foreign bribery laws and strengthen the capacities of its law enforcement agencies to proactively detect, investigate and prosecute the foreign bribery offence, according to a new report by the OECD Working Group on Bribery. According to the Working Group, […]

Citing public anger and youth activism, OECD Secretary-General urges governments to heed calls for climate action

This article is brought to you in association with OECD. OECD Secretary-General Angel Gurría today said governments must face up to mounting anger, particularly among youth, on climate inaction. In a major speech in Geneva, he named OECD countries leading the way to decarbonise their economies, and listed worrisome developments in other key countries that are slowing down […]

Aid used for trade is helping developing countries diversify

This article is brought to you in association with OECD. Using development aid to build trade capacity in poor countries is helping to improve economic diversification and to economically empower marginalised groups, yet progress remains geographically uneven, according to the latest OECD-WTO report on Aid for Trade. Aid for Trade at a Glance 2019: Economic Diversification […]

Abuse of authority provisions adopted by the Senate raise concerns over Brazil’s capacity to ensure independence of prosecutors and judges in fighting corruption

This article is brought to you in association with OECD. The OECD Working Group on Bribery reaffirms the importance of the independence of prosecutors and judges and is concerned that Brazil’s achievements in fighting corruption may be seriously jeopardised by recent legislative developments. On 26 June 2019, the Brazilian Senate adopted a Bill which, in addition to […]

Governments should renew efforts to reform support to agriculture

This article is brought to you in association with OECD. Governments worldwide provide more than USD 500 billion in often ineffective and trade distorting support to farmers each year, and efforts to reform these policies have largely stalled, according to a new OECD report. Agricultural Policy Monitoring and Evaluation 2019 shows that farm policies in the 53 […]